Wednesday, June 10, 2026

Now, why would Trump be delighted at inflation?

The inflation doesn't effect Trump. He has no real costs so much as profits from inflationary trends. Sure, sure the stock market has been having ups and downs, but, for the most part it has been up and up and up (click here).

Then there is the Republcian agenda to be happy about, too. They want to end Social Security. Well guess what the CPI does to SSI?

(click here)

June 10, 2026

Trump: ‘I love the inflation’ (click here)

President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May.

“No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with an increase of 0.5 percent in May alone, according to the Labor Department.


Then there is Nividia. Trump is a repeat offender.

May 19, 2026
By Bernard Condon

Recent presidents (click here) have stayed away from trading stocks in companies whose fortunes they could lift or scuttle with the stroke of a pen, but Donald Trump smashed that precedent in the first quarter of this year with more than 3,600 buy and sell orders, many of them involving companies whose profits have been directly impacted by his decisions as head of the government.

Among the Trump trades in a recent report filed with a federal ethics agency was as much as $6 million in Nvidia, whose advanced chips Trump approved for sale to China last year. His portfolio also scooped up stocks of several U.S. military suppliers impacted by the Iran war, including Lockheed Martin, General Dynamics and Northrop Grumman.

“If he were defense secretary, he would be committing a crime,” said Richard Painter, the chief White House ethics adviser in the George W. Bush administration and a big critic of congressional trading, too. “Technically he can do this, but it is a fundamental breach of trust.”...

Take a close look at the chart from today of USA stocks (click here). Catastrophic, right? The DOW lost 900 points. Every company on the Big Board is falling, right?

The tech stocks are doing fantastic this year. Yes, they lost today, except, for Apple. But, look at the year in returns so far. Every tech stock is in the green except Microsoft and Meta.